UK Stock News
Diversified Energy Company to Acquire Eastern Texas Natural Gas Assets
Diversified Energy Company (LON: DEC) announced Wednesday that it has struck an agreement to acquire high-quality natural gas assets in eastern Texas from Crescent Pass Energy.
Barratt Developments Sees FY24 Profit ‘Slightly Ahead’ of Previous Expectations
UK housebuilder Barratt Developments (LON: BDEV) announced today that it expects to report a profit before tax for the fiscal year 2024 (FY24) that is slightly higher than previously anticipated.
Shell Bolsters LNG Operations
Shell PLC (LON: SHEL) has announced a significant step in expanding its Liquified Natural Gas (LNG) operations with the final investment decision (FID) for the d
Baltic Classifieds Group Stock (LON: BCG) Holds Bullish Analyst Targets
Baltic Classifieds Group shares (LON: BCG), the leading online classifieds platform in the Baltic region, has recently garnered positive attention from financial analysts. Berenberg Bank has initiated coverage on Baltic Class
Kinovo Forgoes Dividend Amid Profit Surge
Kinovo PLC shares (LON: KINO) have had a great start to July, delivering 14% of gains through the month to date. The firm announced robust financial growth today, though it did not declare a dividend following last year's su
HSBC and Visa Partner on Multi-Currency Zing App
In a notable move within the financial services industry, Visa (NYSE: V) and HSBC (LON: HSBA) have embarked on a technological partnership. The collaboration underlines the growing emphasis on digital payments solutions, aimi
Vistry Group Shares (LON: VTY) Dip As Strong Trading Update Fails To Ignite Bulls
Vistry Group (LON: VTY), a prominent figure in the British homebuilding industry, has seen its shares dip by 2% in early morning trading. Despite this pullback, the recent trend for the stock has shown impressive 39% gains in
GSK Stock Rating Cut at UBS On Zantac Litigation Concerns
UBS analysts downgraded GSK shares (LON: GSK) in a note to clients Monday, citing concerns regarding its potential RSV vaccine Arexvy. The
BP’s Q2 Profits to Be Impacted by ‘Significantly Lower’ Refining Margins
BP's (LON: BP.) second-quarter profits are expected to be hit by a significant drop in refining margins despite a rise in oil prices. In i
Trainline Share Price Target (LON: TRN) Boosted By JPMorgan to 410p
Trainline Plc shares (LON: TRN) have received a welcome adjustment by JPMorgan, with the firm's price target rising to 410p from 395p, while maintaining an Overweight rating on the stock.
Carlsberg Agrees £3.3bn Deal to Acquire Britvic
Danish brewing giant Carlsberg has reached an all-cash agreement to acquire Britvic (LON: BVIC), a leading soft drinks manufacturer in the UK, for £3.3 billion. The deal wi
FTSE 100 Starts Week Lower Ahead of GDP Data on Thursday
The FTSE 100 has started the week beginning Monday, July 8, 2024, on the back foot, with the index declining 0.29% to 8,180.00 just after the opening bell. On Friday, London’s blue-chip index dropped by 0.45%, falling 37.33 p
Glencore Gains Final Approval For Elk Valley Resources Acquisition
Glencore (LON: GLEN) said Friday that it has secured the final regulatory hurdle for its acquisition of a 77% stake
Rolls-Royce Shares Trading Up As Barclays Lift Price Target to 495p
Rolls Royce shares (LON: RR) are trading up by 1.1% into the afternoon session, taking the YTD gains to a combined 54.65%. Bullish sentiment is continuing to
Glencore Halts Sale of Kazzinc Stake
Glencore PLC (LON: GLEN) has withdrawn from its planned sale of a significant share in Kazzinc, a major player in Kazakhstan's mining sector, after failing to
NatWest Shares (LON: NWG) Up This Morning As JP Morgan Hike Price Target, And Repurchase Continues
Natwest shares (LON: NWG) are trading higher this morning, up 1.3% as an upgraded price target moves the stock close to 50% gains through 2024 so far. With the firm's H1 results due on 26th July, attention is beginning to i
Direct Line at Inflection Point, Analyst Sees Attractive Risk/Reward
Goldman Sachs analysts view FTSE 250 stock Direct Line Insurance Group (LON: DLG) as nearing a turning point, highlighting an "attractive risk/reward opportunity" based on an expected improvement in underwriting and solvency.
3i Group Shares Are Up 61% in a Year – Is It Set For A Pull Back?
3i Group (LON: III) shares have been on a tremendous run, rising more than 61% over the last 12 months and over 125% since the start of 2023. That rise has been boosted by
Rio Tinto Shares (LON: RIO) Have Strong Day – Expanding Footprint in Battery Minerals
Rio Tinto shares (ASX, LON: RIO) ended the day as one of the better performers on the UK markets, with a 2.96% gain. In a significant move to strengthen its resources in the critical minerals sector, the leading mining compa
Top UK Supermarket Awards Sees Sainsbury’s Win Grocer of the Year
A shift has occurred in the British grocery landscape as Sainsbury's has been named Britain's grocer of the year at the Grocer Gold Awards, marking a significant milestone. For the first time in two decades, Marks & Spenc
FTSE 100 Index Rise as Miners Gain, UK Election Nears
The London stock market witnessed a rebound on Wednesday, with key indices making recoveries led by gains in the metal mining sector. The FTSE 100, the benchmark index for the UK's largest companies, was up by 0.54%, while th
GSK Strikes €1.4 Billion Vaccine Deal with CureVac
GlaxoSmithKline (LON:GSK), the global healthcare company, has announced a significant licensing arrangement with CureVac (NASDAQ: CVAC), an mRNA technology company, to
JD Sports Shares (LON: JD) Gap Down Amid Nike Performance Worries
Retailer JD Sports Fashion share price (LON: JD) saw a drop after Barclays analysts expressed concerns regarding its major supplier, Nike Inc. (NYSE: NKE). The stock gapped down on open this morning, and now trades 2.68% down